Urgent plea for clarity on rate hikes and MBS sell-offs amidst fears of an economic downturn and housing market instability.
Christine Stuart is the news director at NMP.
Urgent plea for clarity on rate hikes and MBS sell-offs amidst fears of an economic downturn and housing market instability.
September's HPSI drops to 64.5, with 84% of consumers deeming it an unfavorable time to buy.
High mortgage rates and limited housing supply cited as primary causes; Industry eyes Federal Reserve's upcoming meetings and key economic indicators.
Fannie Mae Survey: 73% of lenders now prioritize operational efficiency through AI and ML, marking a significant shift from 42% in 2018.
Leisure and hospitality sectors lead the surge, but transportation and warehousing see sluggish growth; economists warn of potential impact on lending activity.
Bright MLS study reveals surge in Mid-Atlantic home prices, shrinking inventory, and evolving buyer preferences driven by remote work and governmental policies.
Industry experts praise the decision, foreseeing opportunities for increased affordability and growth in real estate investments.
Homebuyers face affordability crisis as 30-year fixed rate hits 7.49%, amidst inflationary pressures and Federal Reserve uncertainties.
While multiple allegations by former executive Sarah Pierce were set aside, charges of retaliation and defamation will proceed; the digital lender remains optimistic about a favorable outcome.
Huesman is poised to steer the bank's real estate lending strategy.